Hyundai Rotem, a Hyundai Motor Group affiliate that manufactures the K2 battle tank, will acquire the defense business unit of fellow affiliate Hyundai Wia for 358.4 billion won ($252 million), as the...

JINJU, South Gyeongsang Province — International cooperation and corporate innovation have emerged as key priorities for navigating artificial intelligence (AI)-driven change and narrowing the digital...

Customer information held by local coffee chain Hollys has reportedly been leaked via hacking of its memberships program, the franchise said Monday, the latest in a string of cyberattacks targeting lo...

Hyundai Glovis plans to extend its dedicated site agreement at the Port of Philadelphia through 2056 and enter the vehicle terminal operations business, expanding its role at the key logistics hub on ...

Korean regulators believe SK hynix’s potential listing of its NAND flash memory subsidiary Solidigm in the United States would run counter to rules governing listings of both parent companies and thei...

JINJU, South Gyeongsang Province — The Jinju International Forum on Entrepreneurship opened Monday for its fourth consecutive year, bringing together business leaders, scholars, policymakers and inter...

Korea is seeking a dedicated U.S. visa quota for shipbuilding workers as a condition for carrying out its $150 billion investment commitment under the Make American Shipbuilding Great Again (MASGA) in...

Korean shipbuilders are struggling to expand production capacities despite order books stretching years ahead. Their main struggle is not about technology or infrastructure, but labor. They need to hi...

Mercedes-Benz Korea on Monday launched all-electric versions of its CLA sedan and GLC sport utility vehicle (SUV) in Korea as part of its push to expand its electric vehicle lineup. The German luxury ...

The final round of bidding to acquire control of JoongAng Ilbo, one of Korea’s leading newspaper publishers, is officially down to six contenders, industry officials said Monday. The six bidders, all ...